Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Short Interest Up 83.9% in August

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 18,117 shares, an increase of 83.9% from the August 15th total of 9,854 shares. Based on an average daily volume of 37,553 shares, the days-to-cover ratio is currently 0.5 days.

Voya Infrastructure, Industrials and Materials Fund Stock Up 0.3%

Voya Infrastructure, Industrials and Materials Fund stock traded up $0.04 during mid-day trading on Thursday, reaching $12.38. The company’s stock had a trading volume of 52,498 shares, compared to its average volume of 49,298. Voya Infrastructure, Industrials and Materials Fund has a 12 month low of $11.36 and a 12 month high of $14.30. The business’s 50 day simple moving average is $13.17 and its 200 day simple moving average is $13.34.

Voya Infrastructure, Industrials and Materials Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be issued a $0.10 dividend. The ex-dividend date is Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 9.7%.

Institutional Trading of Voya Infrastructure, Industrials and Materials Fund

Several institutional investors and hedge funds have recently bought and sold shares of IDE. Royal Bank of Canada grew its stake in Voya Infrastructure, Industrials and Materials Fund by 0.9% in the first quarter. Royal Bank of Canada now owns 300,565 shares of the company’s stock valued at $3,751,000 after purchasing an additional 2,736 shares in the last quarter. Compound Planning Inc. raised its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 236.6% during the 1st quarter. Compound Planning Inc. now owns 82,183 shares of the company’s stock worth $1,026,000 after purchasing an additional 57,770 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 5.2% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 37,599 shares of the company’s stock worth $520,000 after purchasing an additional 1,845 shares in the last quarter. C2C Wealth Management LLC boosted its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 36.4% in the 1st quarter. C2C Wealth Management LLC now owns 26,232 shares of the company’s stock valued at $327,000 after buying an additional 7,000 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Voya Infrastructure, Industrials and Materials Fund in the 1st quarter valued at approximately $264,000.

Voya Infrastructure, Industrials and Materials Fund Company Profile

Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) is a closed-end management investment company that seeks total return through a combination of current income and capital appreciation. The fund primarily invests in equity securities of companies engaged in infrastructure, industrials and materials businesses, such as utilities, transportation, engineering and construction materials. By targeting firms with established cash flows and growth potential, the fund aims to deliver a blend of yield and long-term capital gains for shareholders.

The fund’s investment strategy combines bottom-up security selection with broad sector diversification.